MBA Rankings

How do you decide which MBA college or MBA program to apply when there are hundreds of options! MBA Rankings or B-school Rankings are published by HRD Ministry, Government of India, reputed Magazines and MBAUniverse.com to help you make an informed choice. This article will help you know latest MBA Rankings 2018 & 2019 by NIRF, Business Today, MBAUniverse.com, Outlook. We will also tell you the difference between these rankings, and how you can use these rankings for your advantage. We also advice you to use rankings very carefully after checking the credibility of the publication.

 

The International and National MBA College Ranking follow different parameters and weightage. However, to some extent all the B School Rankings award weightage to many common parameters for example – Faculty, Research, Admission, Placements, among other factors. B School Ranking methodologies are either fact based or opinion based or a mix of the two. In any case, the MBA College Ranking methodologies attempt to arrive at the most accurate ranking order so as to give a true picture of management education in India.

 

Recently the Rankings of Business Today India’s Best B-schools 2018 have been released, The print edition will be of December 2, 2018. Prior to that on September 26, 2018, Outlook-Drshti Survey has released the Outlook B-School Rankings 2018 for top 100 B-schools in India. 

 

Top MBA Rankings in India: Analysis by MBAUniverse.com

Ranking Agency
Research Methodology (Facts or Perception or Both)
Key Focus/Weigthage
NIRF 2018
(Published April 2018)
Both with Higher weightage to Teaching & Research
Teaching, Learning & Resources, Research & Professional Practice – 200 Marks/500
MINT-MBAUniverse.com Rankings 2017-18
(Published December 2017)
Fact Based on Input-Process-Output score
Faculty, Accreditation, Academic Infrastructure, Placements-700 marks/1000
Business Today India’s Best B-schools 2018
(Print Edition: December 2, 2018)
Both – Higher weightage to Perception
Learning & Living Experience and Future Orientation-600 marks/1000
Outlook 2018
Published
(Published September 26, 2018)
Both with higher weightage on Perception
Academic Excellence & Personality Development – 458 marks/1000

Published on 24.11.2018

 

Difference between Fact Based and Opinion Based MBA Rankings
While facts and data-based rankings are mostly dependant on the information supplied by the University or the B-schools, the opinion based rankings are subjective and volatile in nature as they are more or less dependent upon the external and internal opinions that could be from academics, employers, alumni among others.

 

MHRD-NIRF B School Ranking 2018
The National Institutional Ranking Framework (NIRF) is approved and released by the Ministry of Human Resource Development, Government of India. The first NIRF Ranking was released in 2016 followed by NIRF 2017 and NIRF 2018. As per the practice the NIRF Ranking is out in the month of April every year.

 

NIRF Ranking parameters broadly cover “Teaching, Learning and Resources,” “Research and Professional Practices,” “Graduation Outcomes,” “Outreach and Inclusivity,” and “Perception”.

 

Top Institutes in NIRF MBA College Ranking 2018

Rank  Institute Name Score
1 Indian Institute of Management Ahmedabad 79.18
2 Indian Institute of Management Bangalore 77.33
3 Indian Institute of Management Calcutta 77.08
4 Indian Institute of Management Lucknow 68.63
5 Indian Institute of Technology Bombay 66.8
6 Indian Institute of Management Kozhikode 65.21
7 Indian Institute of Technology Kharagpur 63.36
8 Indian Institute of Technology Delhi 63.31
9 Indian Institute of Technology Roorkee 62.95
10 Xavier Labour Relations Institute 62.66
11 Indian Institute of Management Indore 60.28
12 Management Development Institute 59.59
13 Indian Institute of Management Udaipur 59.07
14 National Institute of Industrial Engineering 57.02
15 Indian Institute of Management Tiruchirappalli 55.85
16 Great Lakes Institute of Management 55.25
17 Indian Institute of Technology Kanpur 53.43
18 Symbiosis Institute of Business Management 52.8
19 S. P. Jain Institute of Management & Research 52.31
20 Indian Institute of Management Kashipur 51.2

MINT-MBAUniverse.com B School Rankings 2018
MINT-MBAUniverse.com MBA Colleges Ranking is one of the most reliable B-school rankings. It is fact based and data driven. No perception scores are used. The MBA college Rankings are published every year by MBAUniverse.com. Leading business newspaper MINT was the partner for Rankings 2017-18. Total marks awarded in Input-Process-Output score based B School ranking 2018 are 1000.

Rank
2017-18
Institute Name Total Score 
Max 1000
1 INDIAN INSTITUTE OF MANAGEMENT (IIM), AHMEDABAD  931
2 INDIAN INSTITUTE OF MANAGEMENT (IIM), CALCUTTA  856
3 XLRI, JAMSHEDPUR  779
4 INDIAN INSTITUTE OF MANAGEMENT (IIM), LUCKNOW 776
5 S P JAIN INSTITUTE OF MANAGEMENT & RESEARCH (SPJIMR), MUMBAI  758
6 MANAGEMENT DEVELOPMENT INSTITUTE (MDI), GURGAON  697
7 INDIAN INSTITUTE OF MANAGEMENT (IIM), KOZHIKODE 684
8 INDIAN INSTITUTE OF MANAGEMENT (IIM), INDORE  670
9 INTERNATIONAL MANAGEMENT INSTITUTE (IMI), NEW DELHI  664
10 SVKM`s NARSEE MONJEE INSTITUTE OF MANAGEMENT STUDIES (NMIMS), MUMBAI  624
11 FACULTY OF MANAGEMENT STUDIES (FMS), UNIVERSITY OF DELHI, DELHI  602
12 INSTITUTE OF MANAGEMENT TECHNOLOGY (IMT), GHAZIABAD 601
13 SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT (SIBM), PUNE  597
14 NATIONAL INSTITUTE OF INDUSTRIAL ENGINEERING (NITIE), MUMBAI  593
15 INDIAN INSTITUTE OF FOREIGN TRADE (IIFT), NEW DELHI  581
16 INDIAN INSTITUTE OF MANAGEMENT (IIM), TIRUCHIRAPPALLI 554
17 T. A. PAI MANAGEMENT INSTITUTE (TAPMI), MANIPAL  547
18 INDIAN INSTITUTE OF MANAGEMENT (IIM), SHILLONG 542
19 INDIAN INSTITUTE MANAGEMENT (IIM), UDAIPUR 538
20 XAVIER INSTITUTE OF MANAGEMENT (XIMB), BHUBANESWAR 522
21 INDIAN INSTITUTE OF MANAGEMENT (IIM), KASHIPUR 521
22 GOA INSTITUTE OF MANAGEMENT(GIM), GOA  513
23 DEPARTMENT OF MANAGEMENT STUDIES (IIT DELHI), NEW DELHI  513
24 K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH, MUMBAI  497
25 SYMBIOSIS CENTRE FOR MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT(SCMHRD), PUNE  495
26 BIRLA INSTITUTE OF MANAGEMENT TECHNOLOGY (BIMTECH), GREATER NOIDA  490
27 DEPARTMENT OF MANAGEMENT STUDIES, IIT MADRAS 486
28 LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION (LIBA), CHENNAI  483
29 PRIN. L. N. WELINGKAR INSTITUTE OF MANAGEMENT DEVELOPMENT & RESEARCH, MUMBAI 478
30 INSTITUTE OF RURAL MANAGEMENT (IRMA), ANAND  465

Note:
-IIM Bangalore is not ranked as it didn’t respond to the survey
-ISB Hyderabad offers a 1 Year Program not 2-year Program and is hence not ranked

Check complete Ranking of all B-schools

 

Business Today India’s Best B-schools 2018   
Leading Business magazine Business Today India's Best B-schools 2018 Ranking weightages are partly fact based and partly opinion based. Total marks that a B-school can score in this Ranking are 1000. Here are the Top 25 B-schools as per ranking survey of Business Today India's Best B-schools 2018 

Ranked
B School/Institute
Overall Score 1000
1
878.1
2
874.1
3
860.8
4
838.8
5
809
6
807.9
7
784.7
8
783.9
9
772.3
10
769.4
11
746.7
12
744.6
13
740.9
14
737.7
15
737.3
16
737.2
17
737.2
18
737
19
736.3
20
736
21
736
22
733.5
23
719.5
24
719.4
25
716.2

Outlook B School Rankings 2018
Leading current affairs magazine Outlook has published its MBA Rankings 2018 on September 26, 2018. The Rankings have awarded higher weightage to perception by awarding more than 50% marks out of 1000 to Selection process, Institute Profile, Academic Excellence and Personality Development. Here are the Top 20 B-schools as per the Outlook MBA Colleges rankings 2018  

Rank 2018
B School/Institute
City
1
Ahmedabad
2
Kolkata
3
Jamshedpur
4
Delhi
5
Indore
6
Mumbai
7
Mumbai
8
Delhi / NCR
9
Pune
10
Bhubaneswar
11
Delhi
12
Shillong
13
Pune
14
Udaipur
15
Mumbai
16
Karnataka - Other
17
Rohtak
18
Delhi
19
PILANI
20
Delhi